In early March 2020, PT Penataran Angkatan Laut Indonesia (PAL Indonesia) (Persero) filed a lawsuit against Germany-based MS. Borneo Reederei M Lauterjung GmbH & Co KG to resist the seized execution (executorial beslag) determined by the Central Jakarta District Court in 2014 and followed by the auction determination in 2015. This is not a simple dispute. It has been going on for nearly a decade. A mediation attempt made earlier this month has failed to produce an agreement. So the trial will resume in June 2020.
To subscribe please click here